2min chapter

Animal Spirits Podcast cover image

The Lender of Last Resort (EP.300)

Animal Spirits Podcast

CHAPTER

The Fed and the Treasurer Aren't Going to Fix Inflation

It feels like there was this really scary weekend and now the Fed and the treasurer are like, listen, we're going to swat away anything that comes our way. I feel like they've kind of learned from 2008 that Jesse Livermore said takeaway, fixing a banking crisis is a lot easier than fixing inflation. Do you remember the Mike Myers character Linda Richards from SNL? This is not for you and Gen Zers.

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